Finance and small business expert Mike Periu

Common Accounting Tricks That Could Land You in Jail

Mike Periu — Wed, 15 May 2013 08:28:21 +0000

How far would you go to save your business? If you’ve spent any time thinking about this question, you’ve likely formulated an answer along the lines of “I’d go as far up to the line as possible, but I wouldn’t cross it.”

Vanguard Group Founder John Bogle Believes We Are Headed for a Massive Financial Disaster

Mike Periu — Mon, 06 May 2013 14:10:25 +0000

John Bogle founded The Vanguard Group in the 1970s and built it into the second largest mutual fund company in the world with current assets of $2 trillion. Bogle is also largely responsible for making Index Funds available to small investors.

Is Advertising Dead? The Story The New York Times Missed

Mike Periu — Fri, 26 Apr 2013 08:32:57 +0000

The New York Times Company acknowledged Thursday that the advertising-based business model that served it so well for over a century is dead. Weak earnings forced the company to develop a strategy that will rely more on subscription fees and paid content.

Who is Really Paying That $1M+ Salary?

Mike Periu — Wed, 24 Apr 2013 08:31:12 +0000

A key benefit of owning your own business is the ability to enjoy fully the fruits of your labor. Entrepreneurship is one of the main ways to achieve financial independence. But some people, however, are taking issue with the high levels of compensation paid out at some small businesses.

Hiring Undocumented Workers To Gain A Competitive Advantage?

Mike Periu — Tue, 23 Apr 2013 08:00:21 +0000

As the debate over immigration reform intensifies, it looks more likely that small business owners will play a key role in the final outcome. Much of the focus is on undocumented immigrants who are not authorized to work in the U.S.

Nuevas regulaciones protegen a latinos al momento de financiar un vehículo

Mike Periu — Mon, 22 Apr 2013 08:39:49 +0000

Cada mes se venden casi 1 millón de vehículos nuevos alrededor del país. Estas ventas significan miles de millones de dólares para los concesionarios. Muchos de los compradores son latinos que representan 1 de cada 10 compradores de autos nuevos.

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If You’re in Debt to the IRS, Be Wary

Mike Periu — Mon, 22 Apr 2013 08:02:05 +0000

One of the scariest types of correspondence that a small-business owner can receive is a request from the IRS for more information. In many cases, this could lead to an audit which requires payment of back taxes, interest and penalties.

Battle Over Lower Tax Rates Takes a Sudden, Unexpected Turn

Mike Periu — Fri, 19 Apr 2013 12:10:22 +0000

For decades, business groups have advocated for lower corporate tax rates. At least a few times a day I hear the common refrain that “the U.S. has one of the highest corporate tax rates in the world.” This statement isn’t false, but it isn’t exactly true either.

Gasta menos y disfruta más la primavera

Mike Periu — Fri, 19 Apr 2013 08:28:35 +0000

¡La primavera finalmente ha llegado! Después de un invierno largo y difícil, la mayoría de personas desea aprovechar el buen clima y salir a comer, viajar, conocer gente y más. Si bien no hay nada malo en ello, salir con más frecuencia por lo general significa gastar más dinero.

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Will Californians Be Hit With a New $87 Billion Tax?

Mike Periu — Thu, 18 Apr 2013 08:12:17 +0000

The California Public Employees’ Retirement System (CALPERS) is the pension fund for the state’s municipal workers. It is one of the largest pension funds in the world, with over $250 billion under management, and it has great influence across other pensions in the country.